Another team is jumping from Osaic to the LPL; this time, it's a New Jersey-based group with 22 advisers and about $1 billion in assets under management. Founded in 1979 and headquartered in Eatontown, NJ, Investment Advisors Financial Group is led by Thomas E. Musumeci, his daughter Annie Silvestro and James Flannery. In addition to…

Join us in this episode of Focused on the future as host Suzanne Siracuse sits down with Liz Nesvold, President of Immigrant Partners. Liz highlights the three critical areas that firms must focus on to ensure future success, discusses the key levers that contribute to a firm's top rating, and the profound influence her mother…

Welcome to this week's edition of 401k Real Talk. This is WealthManagement.com Omnichannel RPA Contributing Editor Fred Barstein & CEO at TRAU, TPSU & 401kTV coming to you from sunny Jupiter FL- I Review everything from the past week's stories and pick out the most relevant and interesting ones offering an open honest and candid…

The registered investment adviser market posted 75 mergers and acquisitions in the second quarter, up from 90 in the first quarter of 2024, according to the latest from Echelon Partners M&A RIA deal report. But Echelon said activity is strong, given that the second quarter has historically been the least active period. In fact, it…

Genstar Capital, a leading private equity player in the wealth management space, is making a majority investment in Docupace, which provides back-office software and support to advisory firms. Genstar's recapitalization of the firm follows FTV Capital's majority investment in 2020. FTV will remain a minority investor. Connected: Private Equity in Wealth Management: Genstar Since FTV…

Sponsored by In this episode of the RIA Edge Podcast, David Armstrong, editorial director for Informa Connect's Wealth Management Group, talks with Howard Morin, founder and partner at Helium Advisors, about integrating tax planning into the core of wealth management services . Based in Seattle and started in 2016, Helium has grown organically, with some…

Penn Mutual Life Insurance Company is firing Janney Montgomery Scott after 42 years of owning the brokerage firm. The company announced that it has signed an agreement to sell Janney to funds managed by private equity firm KKR. After the deal closes, which is expected in the fourth quarter, Janney will operate as an independent,…

Redemption requests for non-traded REITs have slowed after a surge in the spring, according to data from Robert A. Stanger Co. Cooling inflation has led to a surge in small-cap stocks, benefiting ETFs built around this strategy, ETF Stream reports. These are among the investment must-reads we found this week for wealth advisors. WealthManagement.com |…

Mercer Global Advisors has filed a motion to enforce a subpoena from the Capital City Club, an Atlanta social club, in a case the RIA brought against the firm's former advisers last year. Mercer says Capital City did not respond to a subpoena seeking documents related to advisers' activities at the club. Late last year,…

Based on one-year returns. Data of 19.7.2024. Minimum $5 million in net assets. Excludes leveraged and inverse ETFs. Aniket Ullal is VP, ETF data and analytics for CFRA, one of the world's largest providers of independent investment research. Aniket founded First Bridge Data, a leading source for global ETF data and analytics that was acquired…